Public Employees Retirement System of Ohio Acquires New Position in First Financial Corporation Indiana (THFF)

Public Employees Retirement System of Ohio acquired a new stake in shares of First Financial Corporation Indiana (NASDAQ:THFF) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 9,488 shares of the bank’s stock, valued at approximately $449,000. Public Employees Retirement System of Ohio owned about 0.08% of First Financial Corporation Indiana at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SG Americas Securities LLC bought a new stake in shares of First Financial Corporation Indiana in the second quarter worth about $102,000. Bank of America Corp DE grew its stake in shares of First Financial Corporation Indiana by 7.3% in the first quarter. Bank of America Corp DE now owns 3,194 shares of the bank’s stock worth $152,000 after purchasing an additional 216 shares during the last quarter. Carroll Financial Associates Inc. bought a new stake in shares of First Financial Corporation Indiana in the second quarter worth about $199,000. OxFORD Asset Management LLP bought a new stake in shares of First Financial Corporation Indiana in the second quarter worth about $224,000. Finally, Context BH Capital Management LP grew its stake in shares of First Financial Corporation Indiana by 15.1% in the second quarter. Context BH Capital Management LP now owns 5,326 shares of the bank’s stock worth $252,000 after purchasing an additional 700 shares during the last quarter. 53.59% of the stock is currently owned by institutional investors.

Several analysts recently issued reports on THFF shares. Zacks Investment Research raised First Financial Corporation Indiana from a “hold” rating to a “buy” rating and set a $52.00 target price on the stock in a research note on Friday, July 28th. BidaskClub cut First Financial Corporation Indiana from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. ValuEngine cut First Financial Corporation Indiana from a “buy” rating to a “hold” rating in a research note on Saturday, August 26th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $49.00 target price on shares of First Financial Corporation Indiana in a research note on Tuesday, October 24th.

Shares of First Financial Corporation Indiana (THFF) opened at $46.90 on Tuesday. The stock has a market capitalization of $564.13, a PE ratio of 16.19 and a beta of 0.85. First Financial Corporation Indiana has a 12 month low of $39.55 and a 12 month high of $53.49.

First Financial Corporation Indiana (NASDAQ:THFF) last posted its earnings results on Monday, October 23rd. The bank reported $0.72 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.72. First Financial Corporation Indiana had a return on equity of 8.11% and a net margin of 23.48%. The company had revenue of $35.65 million for the quarter, compared to analysts’ expectations of $35.71 million. equities analysts anticipate that First Financial Corporation Indiana will post 2.87 EPS for the current fiscal year.

The business also recently disclosed a special dividend, which will be paid on Friday, December 1st. Shareholders of record on Friday, November 17th will be issued a $1.50 dividend. The ex-dividend date is Thursday, November 16th. This represents a yield of 2.06%. First Financial Corporation Indiana’s dividend payout ratio (DPR) is presently 35.09%.

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First Financial Corporation Indiana Company Profile

First Financial Corporation is a financial holding company. The Company, through its subsidiaries, offers financial services, including commercial, mortgage and consumer lending, lease financing, trust account services, depositor services and insurance services. The Company’s subsidiaries include First Financial Bank, N.A.

Institutional Ownership by Quarter for First Financial Corporation Indiana (NASDAQ:THFF)

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